What are the main characteristics of illegal fund-raising?

It is reported that at present, the risks in the old and new areas of illegal fund-raising cases are superimposed, and Internet finance has become a high-incidence area. On the one hand, cases in traditional fields such as breeding, real estate, commodity circulation, production and operation are still frequent; On the other hand, there are more and more new cases under the banner of internet finance, farmers' professional cooperatives, investment intermediaries, equity investment, tourism, pension, private universities and overseas listing. So, what are the characteristics of illegal fund-raising?

Illegal fund-raising from the society (especially from unspecified objects) without the approval of relevant regulatory authorities according to law.

Such as absorbing social funds without approval; Public and private issuance of stocks and bonds without approval. The main harm of illegal fund-raising is to disrupt the order of socialist market economy. Illegal fund-raising activities take high returns as bait, with the purpose of destroying financial order and affecting the healthy development of financial markets, and defrauding funds. The second is to promise to give investors a return on investment in the form of money, physical objects and equity within a certain period of time. Some lawless elements absorb funds by providing seedlings and other forms, and promise to pay returns by purchasing or underwriting products; Others absorb funds in the form of commodity sales and give returns in the form of promised leaseback, repurchase and transfer. The third is to cover up the purpose of illegal fund-raising in a legal form. In order to cover up their illegal purposes, criminals often sign contracts with the victims, pretending to be normal production and business activities, and maximizing the ultimate goal of defrauding funds.

Seriously damage the interests of the masses and affect social stability.

Illegal fund-raising is deceptive and easy to spread. After defrauding the masses of funds, criminals often squander them or quickly move to hide, causing great losses to the victims (mostly laid-off workers and retirees), easily triggering mass incidents and even endangering social stability.

Damage the reputation and image of the government.

Illegal fund-raising activities often commit crimes in the name of "responding to national forestry policies" and "supporting ecological environmental protection", which not only affects the implementation of national policies, but also seriously damages the reputation and image of the government.